Intelsat announced financial results for the third quarter, which ended September 30, 2021. Total Q3 2021 revenue increased by $36.6 million to $526.1 million, a 7% increase compared to Q3 2020, primarily reflecting the consolidation of revenue from its commercial aviation business.
Satellite and Broadcasting
OneWeb LEO satellites to service NEOM, KSA, and MEA region
NEOM Tech & Digital Holding Company – the first holding company to be established as a subsidiary of NEOM – and OneWeb, the second-largest LEO operator with 358 satellites and the only licensed operator in Saudi Arabia, have signed a $200 million (SAR 750m) joint venture agreement to bring high-speed satellite connectivity to NEOM, Saudi Arabia and the wider Middle East and neighboring East African countries.
SES displays strong execution in line with FY 2021 outlook and future growth
SES announced its financial results for the nine-month period of 2021. The company’s solid performance delivered revenue of €1.3 billion and adjusted EBITDA of €823 million. Over 95% of the FY 2021 revenue outlook is also already under contract.
Intelsat CEO Steve Spengler to retire post company’s completion of Chapter 11 financial restructuring
After spending more than 18 years at the company in various leadership roles, Intelsat CEO Stephen Spengler will retire after the satellite operator surfaces from Chapter 11 bankruptcy protection.
SES, Isotropic Systems complete first-ever simultaneous multi-orbit antenna field tests
SES and Isotropic Systems, the leading developer of transformational multi-link satellite technology, successfully completed the first-ever simultaneous multi-orbit antenna field tests, a game-changing development empowering a new age of connectivity on land, in the air, and at sea for both civil and defense communications.
Newest EOS Landsat-9 heads to the skies
Landsat-9, considered the world’s most important satellite was launched to orbit on an Atlas rocket from California’s Vandenberg Space Force Base. According to experts, once the Atlas rocket drops it off at just under 680km in altitude, the Landsat-9 will use its thrusters to climb to a height of over 700km. The images relayed by the spacecraft will be compared with its predecessor, Landsat-8, launched in 2013 as well as images in the old Landsat archive for scientists to extract important information about the state of Earth's surface.
Verizon, Amazon to deploy new connectivity solutions
Verizon and Project Kuiper, an advanced low Earth orbit (LEO) satellite network from Amazon made a strategic collaboration to develop connectivity solutions for unserved and underserved communities. As part of the collaboration, Project Kuiper and Verizon have begun to develop technical specifications and define preliminary commercial models for a range of connectivity services for US consumers and global enterprise customers operating in rural and remote locations around the world.
SES, Hughes unlock new possibilities for unmanned aircraft with first multi-orbit SATCOM
SES and Hughes Network Systems have successfully demonstrated a new multi-orbit satellite communications (SATCOM) capability for remotely piloted aircraft. Conducted for General Atomics Aeronautical Systems, Inc. (GA-ASI), the demonstration paired Hughes HM series software-defined modems and Resource Management System (RMS) with SES’s satellites that operate in geosynchronous (GEO) and medium earth (MEO) orbits. SES’s unique multi-orbit fleet, which delivers global coverage, high throughput and security, was leveraged to show how unmanned aerial vehicles, such as the GA-ASI MQ-9 series, can maintain crucial connectivity and resiliency, even in contested environments.
Artel appoints Egor Tyagunov to head business development and account management for EMEA
Artel Video Systems, a world-class provider of innovative, real-time multimedia delivery solutions serving global markets, has appointed Egor Tyagunov as lead business development and account manager for the EMEA region and other emerging markets.
Fully digitized SES-17 satellite set to launch this October
SES-17 has completed its performance tests at the Thales Alenia Space facility in Cannes, France and is being prepared for shipment to Arianespace’s Guiana Space Centre in Kourou, French Guiana on 22 September 2021. The spacecraft is scheduled to be launched by Arianespace, using an Ariane 5 vehicle on 22 October 2021, SES has announced.